Equity Real Estate Investment Trusts (REITs)

Keppel Reit

Keppel REIT Reports Q1 2026 Financial Results with 9.7% Growth in Net Property Income

Temasek Holdings Acquires Keppel REIT Shares to 39.01%

Keppel REIT Sees Mixed Analyst Views Despite Q1 Earnings Improvement

Keppel DC REIT Reports 19.7% Increase in First Quarter Distributable Income

Keppel Reit FY2026 Q1 Earnings Release on April 21, 2026 Pre-Market SGT

Keppel REIT Announces 2025 Net Property Income Growth

Keppel Real Estate Trust Secures S$100 Million Term Loan Facility

Keppel Reit released FY2025 Q4 earnings on February 3, Pre-Market (SGT), with actual revenue of SGD 100.73 M and EPS of SGD 0.0465

Keppel Reit released FY2025 9 Months earnings on February 3 Pre-Market (SGT), actual revenue SGD 298.38 M, actual EPS SGD 0.0661

Keppel Reit released FY2025 Q3 earnings on February 3, Pre-Market SGT, with actual revenue of SGD 100.73 M and actual EPS of SGD 0.0465

Keppel Reit released FY2025 earnings on February 3 Pre-Market (SGT), actual revenue SGD 399.11 M (forecast SGD 275.91 M), actual EPS SGD 0.1135 (forecast SGD 0.0484)

Singapore's real estate investment market surges 27% in 2025, expected to stabilize in 2026

Keppel Reit to release FY2025 earnings on February 4, 2026 Pre-Market SGT, forecast revenue SGD 275.91 M, EPS SGD 0.0484

Keppel REIT Uses Rights Issue Proceeds to Repay Loans and Acquire Marina Bay Financial Center III Stake

Keppel REIT Completes Preferential Offering Plan

Singapore's real estate investment sales surged by 23.9% in Q4 2025 YoY

UOB Kay Hian Analyst Maintains Buy Rating on Keppel REIT with a Target Price of SGD 1.12

HSBC Singapore Terminates and Reaches New Shareholder Agreements

Keppel DC Trust Acquires Stake in MBFC Tower 3 and Aims to Reduce Leverage

Keppel DC REIT Secures SGD 300 Million Transition Loan Facility

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The recent conflict between Keppel and activist firm Corporate Monitor raises concerns about the sustainability of Keppel's dividends. The report claims that the dividends are not supported by operating cash flow but rather funded through asset sales, highlighting a disparity between reported profits and actual cash flow, suggesting potential weaknesses in Keppel's financial health.

Businesstimes News

Keppel

Keppel DC Reit

Are Keppel’s dividends truly unsustainable – or just misunderstood?

On April 22, key stories included Prime Orchard condo High Point's fifth attempt at an en bloc sale with a S$580 million asking price. Analysts noted that Keppel Reit's equity fundraising may dilute DPU despite improved Q1 earnings. The bidding for COEs saw mainstream cars at S$123,010, while large cars reached S$121,001. PwC launched a S$4 million Trade Advisory Hub to enhance Singapore's competitiveness. The Singdollar's strength amid geopolitical tensions was discussed, and Keppel divested i12 Katong mall for S$372 million.

Daily Debrief: What Happened Today (Apr 22)

Analysts have mixed views on Keppel Real Estate Investment Trust (Reit) following its Q1 earnings improvement, citing concerns over the dilutive effect of a recent equity fundraising on distribution per unit (DPU). CGS International Securities lowered its target price to S$1.09, while DBS maintained its S$1.05 target. RHB raised its target to S$0.99. Despite an 8% year-on-year drop in indicative DPU, analysts noted positive rental reversions and lower financing costs as potential growth drivers. Keppel Reit’s units closed at S$0.895, down 1.6%.

Keppel Reit’s equity fundraising exercise may dilute DPU despite improved Q1 earnings: analysts

Keppel Corporation sold the i12 Katong mall located on the East Coast for SGD 372.03 million, with the transaction expected to be completed in the second quarter. The buyer is Singapore real estate investment company Altallo Holdings, and the deal includes three payments, with part of the funds used to repay loans provided by Keppel's subsidiary to Katong Retail Trust. Since October 2020, Keppel has announced the divestment of assets worth a total of SGD 14.9 billion

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Keppel Corporation Limited sold i12 Katong for SGD 372.03 million | Lianhe Zaobao

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Suntec Reit anticipates near-term pressure on convention bookings due to global uncertainty following the Iran war. The Singapore Exchange reported a record high of S$19 billion in total assets for ETFs in Q1. Keppel Reit’s Q1 distributable income rose 19.7% to S$57.9 million. Analysts recommend buying CICT shares after its Paragon acquisition. The maritime industry is urged to invest in new capabilities to tackle cyberthreats and AI adoption, according to Transport Minister Jeffrey Siow. Johor has delayed the JS-SEZ blueprint for further refinements, targeting a launch in H1.

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Daily Debrief: What Happened Today (Apr 21)

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Keppel REIT Management Limited reported a 9.1% increase in net property income to S$54.7 million for Q1 2026, driven by contributions from Top Ryde City Shopping Centre and higher occupancy at Ocean Financial Centre. Distributable income rose 19.7% to S$57.9 million. CEO Chua Hsien Yang noted a strong rental reversion of 17.2% and a high occupancy rate of 97.1%, despite challenges from the macroeconomic environment and Middle East conflict.

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Keppel REIT Q1 Property Income Rises

Keppel REIT reported a distribution per unit of 1.27 cents for Q1 2026, with a net property income increase of 9.7% to $59.9 million. Distributable income from operations rose 19.7% year-on-year to $57.9 million, while total distributable income, including anniversary distribution, grew 17.8% to $62.9 million. The total portfolio is valued at approximately $11.8 billion, with 78.9% of assets located in Singapore, 18.1% in Australia, 2.3% in South Korea, and 0.7% in Japan.

Singapore Business Review

Keppel REIT posts 1.27-cent DPU as NPI rises 9.7% in Q1

Keppel Reit(K71U.SG)